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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?

To: t4texas who wrote (20416)	10/22/2002 12:42:59 AM
From: terry richardson	Respond to of 36161

t4: Re: << i don't support your action plan>> Well it was a little tongue in cheek. & <<i can read articles with the best of them, but i am looking for an action plan you would have the usa do.>> I came across this this article this afternoon in Harretzdaily.com: ++++++++++++++++++++++++++++++++++++++++++++++++++++++= haaretzdaily.com PM plans to ask U.S. for aid that could top $10 billion An inter-ministerial team headed by Prime Minister Ariel Sharon's bureau chief, Dov Weisglass, is working on a proposal requesting American economic assistance that could top $10 billion. The team includes representatives from the treasury, the Foreign Ministry and the Defense Ministry. A government source said the reason for the aid request stems from the United States' expected campaign against Iraq coupled with the American desire that Israel not interfere with Washington's plans or use IDF troops against Iraq. Sources at the Prime Minister's Office said yesterday that American readiness to provide economic assistance has not been made in concrete terms. However, a number of ideas have cropped up in Jerusalem over the type of aid Israel could use: cash, guarantees for low-interest bank loans from American banks, direct state-to-state loans from the U.S. treasury, and the conversion of some American defense aid into shekels. Currently, Washington provides Israel $2.1 billion a year that must be spent in the United States on defense supplies. One proposal is for $2 billion to be converted to shekels and used to purchase defense equipment from Israeli manufacturers in the hope that it would invigorate the Israeli economy. The final proposal will be worked out by the inter-ministerial committee and the White House. Discussions about economic aid came up during the prime minister's recent trip to Washington, and, in particular, during talks between Weisglass and National Security Advisor Condoleezza Rice. Weisglass said the aid was necessary to get the Israeli economy moving; U.S. President George W. Bush mentioned American confidence in Israel's economy during a White House press conference with Sharon after their meeting last week. Other than the annual economic aid, Israel expects fulfillment of a July 2000 decision made by then-president Bill Clinton to then-premier Ehud Barak for a $800 million grant. Since then, the sum has dropped to $200 million, and discussions were frozen, for bureaucratic reasons, after Clinton left office, according to the Americans. But with help of pro-Israel congressmen, discussions are expected to resume at the beginning of the new year. ++++++++++++++++++++++++++++++++++++++++++++++++++++ So t4 to answer your question, one thing the US could do is to continue to hold up their money. According to what I’ve been reading over the last few weeks and statements by both the US and Israeli leaders. Saddam Hussein may have weapons of Mass Destruction which he may well use against Israel and US troops. This will undoubtedly possibly kill Israeli citizens. BUT according to the above if you pay us enough we will not retaliate against these attacks. Instead we’ll take the money and kick the shit out of our Palestinian neighbors instead, while the world is otherwise occupied... it’s cheaper anyway.